Victorian Six-Unit Apartment
For Sale
$975,000
212 WARREN Street, Beverly, NJ 08010
Multi-Family, BEVERLY, NJ
Property Size4,134 SF
Lot Size0.26 Acres
Price / SF$235.85
Days on Market264
Property Features for 212 WARREN Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Parking Lot
Subdivision
NONE AVAILABLE
High school
PALMYRA H.S.
Elementary school district
PALMYRA BOROUGH PUBLIC SCHOOLS
Middle school district
PALMYRA BOROUGH PUBLIC SCHOOLS
High school district
PALMYRA BOROUGH PUBLIC SCHOOLS
Standard status
Active
Size
4,134 SF
Lot size
0.26 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
21791
Utilities
Heating system
Zoned
Cooling system
Window Unit(s), Ductless
Amenities
Air Conditioning
private elevated decks
Building Details
Year built
1900
Number of units
4
Building materials
Frame
Architectural style
Victorian
Listing Agency:
HomeSmart First Advantage Realty · HomeSmart International
(856) 363-3000
Listed By:
Natalie Schanne · License #1647304
(609) 325-1705
Added: Feb 5
Changed: Oct 25
Last Checked: Oct 27 at 1:06AM
MLS# NJBL2105162
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1900, this Victorian apartment property contains six residential units across 4,134 square feet. The unit mix includes three one-bedroom apartments and three two-bedroom apartments. Interior features include hardwood floors, ceilings exceeding 8 feet, air conditioning through window and ductless systems, refreshed kitchens and bathrooms, and large living-room windows. Some apartments also include private elevated decks, while the property provides a dedicated parking lot.
The property occupies a 0.2588-acre parcel in Beverly, New Jersey, near downtown shops, restaurants, and parks. The Beverly-Edgewater Park River LINE station and the Delaware River are both minutes away, providing access to nearby transportation and waterfront surroundings.
The frame building presents a residential income configuration with a clear unit mix, surface parking, and a combination of original architectural character and updated apartment interiors.
The property occupies a 0.2588-acre parcel in Beverly, New Jersey, near downtown shops, restaurants, and parks. The Beverly-Edgewater Park River LINE station and the Delaware River are both minutes away, providing access to nearby transportation and waterfront surroundings.
The frame building presents a residential income configuration with a clear unit mix, surface parking, and a combination of original architectural character and updated apartment interiors.
Key Highlights
- Six‑unit apartment building with three 1‑bedroom and three 2‑bedroom units
- 4,134 SF building on a 0.2588‑acre parcel
- 1900 construction with Victorian architectural style
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,146
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,082,920
$1.1M
Cap Rate 7%
$773,514
$773.5K
Cap Rate 9%
$601,622
$601.6K
Market Conditions
NOI Build-Up for 4,134 SF
Gross rent
$104.2K $25.20/SF
− Vacancy
−$5.7K −$1.39/SF
EGI
$98.4K $23.81/SF
− OpEx
−$44.3K −$10.72/SF
NOI
$54.1K $13.10/SF
Area
Burlington County, NJ
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,082,920
Cap Rate 7%
$773,514
Cap Rate 9%
$601,622
Alternative Uses
Best Use
Apartment 5plus
$773.5K
$676.8K – $902.4K
NOI $54,146 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$8.65M
$7.57M – $10.09M
NOI $605,233 @ 7.0% cap · market cap 62.08%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
Explore this area
Business Placement
Demographics for 08010, NJ
11,555
Population
4,995
Households
2.3
Avg Household Size
41
Median Age
30%
College-Educated
95%
High-School Grad
3.6 sq mi
ZIP Area
3,210
Density / Sq Mi
$85,285
Median Household Income
$48,077
Median Earnings
$1,472
Median Rent
$227,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Historic multifamily property offers one- and two-bedroom apartments, surface parking, and selected renovated interiors.
Where is this apartment building located?
The property is located at 212 WARREN Street Beverly, NJ.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Six‑unit apartment building with three 1‑bedroom and three 2‑bedroom units; 4,134 SF building on a 0.2588‑acre parcel; 1900 construction with Victorian architectural style
